When we started Edmit in 2017, our mission was to empower families as they approached the decision of where to go to college. High tuition and growing student debt have made planning for the cost of college stressful for many families. Plus, with complex financial aid models and limited access to unbiased advice, it has become increasingly difficult for families to navigate what will be one of the largest investments of their lifetime.
At Edmit, we help families make smart financial decisions about college so they'll be better off after graduation. Our award-winning digital tools give families access to the information they need to find the best financial fit for college - taking into consideration earnings outcomes and right-sizing their student debt. And we support financial literacy and wellness through our digital learning center, book, and online course, guiding families through every step of the process at every stage, from early high school through college.
Now, we're thrilled to be partnering with SoFi to provide access to Edmit Plus, a $99 value, for free to SoFi members and other Edmit users.
SoFi is committed to helping their members Get Their Money Right and achieve financial independence — and we both believe that getting your money right starts early on with the selection of the right college. Through our partnership, SoFi is making an investment in financial literacy and wellness tools and resources to make the college selection and financial aid process easier, personalized, and transparent.
In a press release on the news, SoFi CEO, Anthony Noto stated: “SoFi was launched as a way to help ease the burden of student debt that is stifling a generation in this country. We believe it is imperative to understand early on the significance of taking out a responsible amount of debt for college. We are excited to partner with Edmit to help college-bound students and their families make the most informed decision on where to attend college and how to finance the journey, so that they can achieve financial independence.”
Registered SoFi members will now have complimentary access to Edmit Plus, and for a limited time, Edmit’s users can also upgrade to Edmit Plus, courtesy of SoFi, for free.
“We’re thrilled to bring Edmit Plus to more families at no cost, thanks to SoFi’s partnership,” said Nick Ducoff, CEO of Edmit. “With this partnership, we are committed to helping the next generation set themselves up for financial success after graduation.”